Economics 2010b: Microeconomic Theory II

We will study two main topics. The first six lectures will be devoted to general equilibrium theory, including optimality, existence of equilibrium, equilibrium under uncertainty, and foundations. The remaining lectures will be devoted to contract theory, including moral hazard, theory of the firm, and financial contracting. Below is the syllabus, an outline of the course, and a series of lecture notes. The class meets in Harvard Hall, room 202 on Tuesdays and Thursdays from 10:00-11:29.